26th Jan 2018 09:52
FOR IMMEDIATE RELEASE
26 January 2018
Hastings Group Holdings plc (the "Company")
Director/PDMR Shareholding
The Company announces it was notified on 25 January 2018 that on 25 January 2018, the following Persons Discharging Managerial Responsibility ("PDMR") disposed of ordinary shares of 2 pence each ("Ordinary Shares") in the Company for £3.0347418697 per share.
Name | Position | Number of Ordinary Shares Sold | Beneficial interest in Ordinary Shares following this notification |
Gary Hoffman | Chief Executive Officer | 403,671 | 6,218,129 |
Richard Hoskins | Chief Financial Officer | 173,002 | 721,198 |
Tobias Van der Meer | MD Retail, Hastings Insurance Services Ltd | 346,004 | 1,892,666 |
Edward Biemer | MD, Advantage Insurance Company Ltd | 173,002 | 1,269,753 |
The Company understands that the disposals were made to generate funds for the settlement of personal tax liabilities.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and article 19 of the Market Abuse Regulation.
Hastings Group
Tony Leppard, Company [email protected]
Instinctif Partners+44 (0) 207 457 2020Giles Stewart
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Gary Hoffman |
2 | Reason for the notification | |
a) | Position/status | Chief Executive Officer |
b) | Initial/Amendment notification | Initial |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Hastings Group Holdings plc |
b) | LEI |
213800NEVE8DLWEL2Y16 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 2 pence each
ISIN: GB00BYRJH519 |
b) | Nature of the transaction | Sale |
c) | Price(s) and volume(s) |
403,671 shares
£3.0347418697 |
d) | Aggregated information
- Aggregated volume
- Price |
403,671 shares
£3.0347418697 |
e) | Date of the transaction | 25 January 2018 |
f) | Place of the transaction | XLON |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Richard Hoskins |
2 | Reason for the notification | |
a) | Position/status | Chief Financial Officer |
b) | Initial/Amendment notification | Initial |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Hastings Group Holdings plc |
b) | LEI |
213800NEVE8DLWEL2Y16 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 2 pence each
ISIN: GB00BYRJH519 |
b) | Nature of the transaction | Sale |
c) | Price(s) and volume(s) |
173,002 shares
£3.0347418697 |
d) | Aggregated information
- Aggregated volume
- Price |
173,002 shares
£3.0347418697 |
e) | Date of the transaction | 25 January 2018 |
f) | Place of the transaction | XLON |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Tobias Van der Meer |
2 | Reason for the notification | |
a) | Position/status | Managing Director of Retail, Hastings Insurance Services Limited |
b) | Initial/Amendment notification | Initial |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Hastings Group Holdings plc |
b) | LEI |
213800NEVE8DLWEL2Y16 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 2 pence each
ISIN: GB00BYRJH519 |
b) | Nature of the transaction | Sale |
c) | Price(s) and volume(s) |
346,004 shares
£3.0347418697 |
d) | Aggregated information
- Aggregated volume
- Price |
346,004 shares
£3.0347418697 |
e) | Date of the transaction | 25 January 2018 |
f) | Place of the transaction | XLON |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Edward Biemer |
2 | Reason for the notification | |
a) | Position/status | MD, Advantage Insurance Company Limited |
b) | Initial/Amendment notification | Initial |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Hastings Group Holdings plc |
b) | LEI |
213800NEVE8DLWEL2Y16 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) | Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 2 pence each
ISIN: GB00BYRJH519 |
b) | Nature of the transaction | Sale |
c) | Price(s) and volume(s) |
173,002 shares
£3.0347418697 |
d) | Aggregated information
- Aggregated volume
- Price |
250,000 shares
£3.0347418697 |
e) | Date of the transaction | 25 January 2018 |
f) | Place of the transaction | XLON |
Related Shares:
HSTG.L